Over 80 crypto firms eyeing presence in Hong Kong: Financial Secretary
More than 80 virtual asset-related firms across Mainland China and foreign nations have expressed interest in establishing a presence in Hong Kong, amid efforts from...
FDIC sells Signature Bank deposits to Flagstar, crypto not included
Only a week after its collapse, Signature Bank’s deposits and loans are set to be sold to Flagstar Bank, a subsidiary of New York Community...
Venezuela overhauls national crypto department
Venezuela's president Nicolás Maduro has announced the reorganization of the National Superintendency of Crypto Assets, known as Sunacrip in Spanish, according to a decree issued...
SBF shilled FTX risk model to FDIC chairman Gruenberg prior collapse
Before crypto exchange FTX and its founder Sam Bankman-Fried (SBF) got tied down around allegations of misappropriation of users’ funds, SBF was among the most...
Peter Schiff blames ‘too much gov’t regulation’ for worsening financial crisis
The recent fall of major banks in the United States and the need for federal intervention reignited discussions to identify the most effective ways to...
SVB’s UK arm issues 15M pounds in bonuses after symbolic bailout: Report
Silicon Valley Bank UK (SVB UK) has granted millions of pounds in employee bonuses, just days after it was rescued by global banking giant HSBC...
Switzerland preparing emergency measures for UBS’ takeover of Credit Suisse: Report
The Swiss National Bank (SNB) and Switzerland’s financial regulator reportedly believe that the acquisition of investment bank Credit Suisse by UBS, Switzerland's largest bank, is...
US midsize banks seek FDIC Insurance on ‘all deposits’ for 2 years: Report
The Mid-Size Bank Coalition of America (MBCA) has reportedly asked United States federal regulators to extend insurance on all deposits for the next two years.According...
SBF legal fees, BTC market cap flips Meta,USDC climbs back to $1
Top Stories This Week Sam Bankman-Fried petitions court to prioritize reimbursing his legal fees Sam Bankman-Fried (SBF) is seeking to use FTX’s corporate insurance policies...
What are the Howey test and its implications for cryptocurrency?
What is the Howey test?The Howey test is a legal test used in the United States to determine whether a transaction qualifies as an investment...